Personal income tax rate table series annual taxable income tax rate quick deduction 1 302 not exceeding 36,000 yuan to144,000 yuan1025,203 exceeding144,000 yuan to 20 1 69204 253 19205 over 300000 yuan to 420000 yuan, 30529206 over 660000 yuan, 35859207 over 960000 yuan, 45181.

II. Contents of Annual Settlement of Individual Income Tax

After the end of the previous year, individual residents need to summarize the income from wages, salaries, labor remuneration, royalties and other four items obtained from 1 month 1 day to1February 3/0/day in the previous year, and deduct expenses of 60,000 yuan, special deductions, other deductions determined according to law and eligible public welfare. Apply the personal income tax rate of comprehensive income and subtract the quick deduction, calculate the final tax payable in the year, and then subtract the prepaid tax in the tax year to get the tax refund or supplementary tax, and report to the tax authorities and apply for tax refund or supplementary tax.

Calculation formula of tax refund:

Refundable or payable tax amount = [× applicable tax rate-quick deduction]-prepaid tax amount

* The annual settlement does not involve classified income such as property lease, and the income that taxpayers choose not to incorporate into comprehensive income for tax calculation according to regulations.